What’s Happening And How Rellevate Can Help
The financial landscape of intercollegiate athletics is changing rapidly with several universities in the Big 10 Conference already running multi-million dollar deficits.
As we enter the new era of athlete revenue sharing with ever-increasing operational costs, current financial dynamics are starting to take a toll on Athletic Directors across all Universities and Colleges both big and small.
FY2024 Intercollegiate Athletics Department Deficits
Ohio State University: -$37.8 million (spending $292.7 million with $254.9 million in operating revenues)
Michigan State University: -$16.8 million (spending $180.5 million with $163.7 million in revenue)
UCLA: -$30 Million (sixth consecutive year of deficits totaling $219.55 million)
Rutgers University: -$70+ million (spending $178.3 million with $136.7 million in operating revenues and a $28.6 million subsidy provided by the University)
Plus, the NCAA estimates revenue sharing payouts to student-athletes in the Power-Four (Big Ten, Big 12, SEC and ACC) will run over $20 million per school in 2025
Every Yard, Every Point, Every Dollar… Counts.
Rellevate is transforming Athletic Departments’ per-diem programs with the absolute lowest cost and the highest performing programs, including digital wallets and Visa/Mastercard debit cards
✓ Centralized Platform: Tailored solutions to meet unique University needs that are scalable for all team sizes. The platform offers seamless integration with existing University systems and an intuitive app for enhanced accessibility and transparency for participating athletes and coaches
✓ Managing+Tracking Expenses: User-friendly dashboard for when, where and how the university’s funds are spent, coupled with restriction protocols for select merchants that can be excluded as well as custom capabilities allowing standardized or specific amounts to be loaded for selected players or selected Team groups
✓ Fraud & Theft Protection: From trackable transactions to frozen accounts and replacement card capabilities (all at zero cost). Plus, each account is supported by Visa & Mastercard’s Fraud Protection and Zero Liability Policies
